Tax Law No 71/2014/QH13, which treats fertiliser as a VAT-free item, has become a double-edged sword as after five years of implementation it has not reduced domestic fertiliser prices but instead hindered production and investment in the sector.
China will have opportunities to export more hot rolled coil (HRC) products to Vietnam ad the products will be unaffected by import tariffs.
Aquatic products are subject to a lot of incentives in the European Union – Vietnam Free Trade Agreement (EVFTA), according to experts.
Vietnam has unveiled plans to offer import tariff incentives for parts used to assemble environment-friendly cars.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect in Vietnam from January 14, with great expectations that it will substantially contribute to growth in the country’s economy, investment, and trade.
The Vietnamese Embassy in Algeria held a meeting to introduce potential for bilateral cooperation and trade and investment ties between the two nations in Médéa province on July 30.
Export turnover of the Mekong Delta province of Tien Giang reached US$1.27 billion in the first half of 2018, a rise of 6.8% year-on-year, said Director of the provincial Department of Industry and Trade Ngo Van Tuan.
The upcoming valid EU-Vietnam Free Trade Agreement (EVFTA) will create a strong driving force for fostering Vietnam – EU comprehensive economic partnership via the abolition of 99% of import tariffs in the next 7-10 years.
Japanese auto manufacturers have decided to suspend exports to Vietnam following stringent quality regulations the Vietnamese government put in place on January 1 this year.
VOV.VN - A seminar on the prospects of a Vietnam-Republic of Korea electronics private sector strategic partnership in the coming decade was held today (June 8) in Seoul, reported the Vietnam News Agency.
The domestic cosmetics market has never been as vibrant as it is at present, with Vietnam having joined various free trade agreements which slash import tariffs on cosmetics to 0 – 5%.
An environment tax hike sought for fuels by the Ministry of Finance will erode the competitiveness of enterprises and the country’s economy as a whole if it gets the go-ahead, according to the Vietnam Chamber of Commerce and Industry (VCCI).
VOV.VN -Meat and Livestock Australia (MLA) has unveiled that the first large-scale purchase of an Australian cattle ranch – for beef production – by a Vietnamese company has been made, in the Northern Territory, south of Katherine.
Vietnamese producers must improve product quality and make the most of their advantages so that imported goods don’t take over the market, the Vietnam Chamber of Commerce and Industry said.
Local and foreign investors are welcoming the government’s landmark move to eliminate agricultural policy-related obstacles in a bid to attract more investment in the agricultural sector.
Though the ASEAN Economic Community is expected to significantly benefit Vietnamese exports via import tariff slashes, domestic enterprises are finding it difficult to boost exports for various reasons.
VOV.VN - As from October 5th, the free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU) has came into force, opening up new development opportunities for the two business communities.
Though under the radar, the Vietnam-Eurasian Economic Union FTA holds opportunities for both sides to increase exports in their respective markets.
Indian car manufacturers may find it hard to enter the Vietnamese market because of a new decree.
VOV.VN -Most domestic clothing, footwear and textile companies involved in import and export don’t use or plan on using free trade agreements (FTAs) that are available to them, according to a recent survey.